The Securities and Exchange Board of India (SEBI) has introduced sweeping reforms to improve governance and accountability for stock exchanges and other market infrastructure institutions (MIIs).
Effective April 1, the new rules include resolving whistleblower complaints within 60 days, implementing RegTech and SupTech solutions, and boosting transparency. MIIs must adopt online systems for automated reporting and disclose key member details like investor grievances and regulatory actions.